REG - NextEnergy Solar Fnd - Transaction in Own Shares

NextEnergy Solar FundAnnouncement

28/02/2025 07:00

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RNS Number : 7822Y  NextEnergy Solar Fund Limited  28 February 2025

LEI: 213800ZPHCBDDSQH5447

28 February 2025

NextEnergy Solar Fund Limited

("NESF" or "the Company")

 

 

Transaction in own shares

 

NextEnergy Solar Fund, a leading specialist investor in solar energy and
energy storage, announces that it has purchased the following number of
Ordinary Shares on the London Stock Exchange through RBC Europe Limited.

 

 Date of purchase:                                 27 February 2025
 Number of ordinary shares purchased:              88,324
 Lowest price per ordinary share (GBp):            65.90
 Highest price per ordinary share (GBp):           66.30
 Weighted average price per ordinary share (GBp):  66.20

 

The Company intends to hold the purchased shares in Treasury.

 

Following the above transaction, the Company holds 13,018,701 of its Ordinary
Shares in treasury and has 577,802,484 Ordinary Shares in issue (excluding
treasury shares).

The total number of voting rights in the Company is 577,802,484 which may be
used by shareholders as the denominator for the calculations by which they
will determine if they are required to notify their major interest or a change
to their major interest in the Company under the FCA's Disclosure Guidance and
Transparency Rules.

 

 For further information:

 NextEnergy Capital

                                               020 3746 0700

 Michael Bonte-Friedheim                       ir@nextenergysolarfund.com (mailto:ir@nextenergysolarfund.com)
 Ross Grier
 Stephen Rosser
 Peter Hamid (Investor Relations)
                                               020 7653 4000

 RBC Capital Markets
 Matthew Coakes
 Kathryn Deegan
                                               020 7908 6000

 Cavendish
 Robert Peel
                                               020 7379 5151

 H/Advisors Maitland
 Neil Bennett
 Finlay Donaldson

                                               01481 742642

 Ocorian Administration (Guernsey) Limited
 Kevin Smith

 

Notes to Editors (1):

About NextEnergy Solar Fund

NextEnergy Solar Fund is a specialist solar energy and energy storage
investment company that is listed on the Main Market of the London Stock
Exchange.

 

NextEnergy Solar Fund's investment objective is to provide Ordinary
Shareholders with attractive risk-adjusted returns, principally in the form of
regular dividends, by investing in a diversified portfolio of utility-scale
solar energy and energy storage infrastructure assets.  The majority of
NESF's long-term cash flows are inflation-linked via UK government subsidies.

 

As at 31 December 2024, the Company had an unaudited gross asset value of
£1,071m.  For further information please visit www.nextenergysolarfund.com
(http://nextenergysolarfund.com/)

 

Article 9 Fund

NextEnergy Solar Fund is classified under Article 9 of the EU Sustainable
Finance Disclosure Regulation and EU Taxonomy Regulation.  NextEnergy Solar
Fund's sustainability-related disclosures in the financial services sector are
in accordance with Regulation (EU) 2019/2088 and can be accessed on the ESG
section of both the NextEnergy Solar Fund and NextEnergy Capital websites.

 

About NextEnergy Group

NextEnergy Solar Fund is managed by NextEnergy Capital, part of the NextEnergy
Group.  NextEnergy Group was founded in 2007 to become a leading market
participant in the international solar sector which now employs over 370
professionals.  Since its inception, NextEnergy Group has been active in the
development, construction, and ownership of solar assets across multiple
jurisdictions.  NextEnergy Group operates via its three business units:
NextEnergy Capital (Investment Management), WiseEnergy (Operating Asset
Management), and Starlight (Asset Development).

 

·    NextEnergy Capital: has over 18 years of specialist solar expertise
having invested in over 530 individual solar plants across the world.
NextEnergy Capital currently manages four institutional funds with a total
capacity in excess of 3GW+ and has assets under management of $4.5bn.  More
information is available at www.nextenergycapital.com
(https://www.nextenergycapital.com/)

·   WiseEnergy®:  is a leading specialist operating asset manager in the
solar sector.  Since its founding, WiseEnergy has provided solar asset
management, monitoring and technical due diligence services to over 1,600
utility-scale solar power plants with an installed capacity in excess of
3.5GW.  More information is available at www.wise-energy.com
(https://www.wise-energy.com/)

·   Starlight: has developed over 100 utility-scale projects
internationally and continues to progress a large pipeline of c.10GW of both
green and brownfield project developments across global geographies.  More
information is available at www.starlight-energy.com
(https://www.starlight-energy.com/)

 

Notes:

(1:) All financial data is unaudited at 31 December 2024, being the latest
date in respect of which NextEnergy Solar Fund has published financial
information.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation), a breakdown of the individual trades made as part of the
Programme is detailed below:

Aggregate information:

 

 Platform  Daily total volume (in number of shares)  Daily weighted average price of shares acquired (GBp)
 XLON      17,420                                    66.20
 BATE      11,092                                    66.17
 CHIX      56,413                                    66.20
 TRQX      1,500                                     66.20
 Aquis     1,899                                     66.20

 

 

 Transaction Date  Transaction Time  Volume  Price  Platform  Transaction Ref
 27/02/2025        09:21:35          119     65.90  XLON      00284365104TRLO0
 27/02/2025        09:21:42          1       65.90  CHIX      00284365110TRLO0
 27/02/2025        09:56:43          2800    66.20  XLON      00284369012TRLO0
 27/02/2025        10:12:14          2337    66.30  CHIX      00284370634TRLO0
 27/02/2025        10:28:54          1618    66.30  CHIX      00284372234TRLO0
 27/02/2025        10:28:54          1618    66.30  CHIX      00284372235TRLO0
 27/02/2025        10:28:54          1858    66.30  CHIX      00284372236TRLO0
 27/02/2025        10:28:54          3204    66.30  CHIX      00284372237TRLO0
 27/02/2025        10:28:54          1606    66.20  CHIX      00284372238TRLO0
 27/02/2025        10:28:54          1597    66.20  CHIX      00284372239TRLO0
 27/02/2025        10:28:54          2200    66.20  XLON      00284372240TRLO0
 27/02/2025        10:28:54          3450    66.20  CHIX      00284372241TRLO0
 27/02/2025        10:28:54          700     66.20  AQXE      00284372242TRLO0
 27/02/2025        10:28:54          700     66.20  BATE      00284372243TRLO0
 27/02/2025        10:28:54          700     66.20  CHIX      00284372244TRLO0
 27/02/2025        10:28:54          800     66.20  TRQX      00284372245TRLO0
 27/02/2025        10:28:54          2100    66.20  XLON      00284372246TRLO0
 27/02/2025        10:28:55          312     66.20  BATE      00284372248TRLO0
 27/02/2025        10:28:55          2100    66.20  XLON      00284372249TRLO0
 27/02/2025        10:29:49          842     66.20  CHIX      00284372358TRLO0
 27/02/2025        10:29:49          842     66.20  CHIX      00284372359TRLO0
 27/02/2025        10:29:49          208     66.20  BATE      00284372360TRLO0
 27/02/2025        10:29:49          90      66.20  BATE      00284372361TRLO0
 27/02/2025        10:29:49          90      66.20  BATE      00284372362TRLO0
 27/02/2025        10:29:49          2200    66.20  XLON      00284372363TRLO0
 27/02/2025        11:33:08          545     66.20  CHIX      00284380105TRLO0
 27/02/2025        11:58:10          1589    66.20  BATE      00284383629TRLO0
 27/02/2025        11:58:10          1766    66.20  CHIX      00284383630TRLO0
 27/02/2025        11:58:10          1627    66.20  CHIX      00284383631TRLO0
 27/02/2025        11:58:10          1645    66.20  CHIX      00284383632TRLO0
 27/02/2025        11:58:10          1612    66.20  CHIX      00284383633TRLO0
 27/02/2025        11:58:10          700     66.20  AQXE      00284383634TRLO0
 27/02/2025        11:58:10          155     66.20  CHIX      00284383635TRLO0
 27/02/2025        11:58:10          700     66.20  BATE      00284383636TRLO0
 27/02/2025        11:58:10          700     66.20  TRQX      00284383637TRLO0
 27/02/2025        11:58:10          2200    66.20  XLON      00284383638TRLO0
 27/02/2025        11:58:10          499     66.20  AQXE      00284383639TRLO0
 27/02/2025        11:58:10          700     66.20  BATE      00284383640TRLO0
 27/02/2025        11:58:10          2053    66.20  XLON      00284383641TRLO0
 27/02/2025        11:58:10          147     66.20  XLON      00284383642TRLO0
 27/02/2025        11:59:19          7960    66.20  CHIX      00284383801TRLO0
 27/02/2025        11:59:19          100     66.20  BATE      00284383802TRLO0
 27/02/2025        11:59:19          1300    66.20  XLON      00284383803TRLO0
 27/02/2025        11:59:27          1459    66.20  CHIX      00284383830TRLO0
 27/02/2025        12:00:01          64      66.20  CHIX      00284383962TRLO0
 27/02/2025        12:00:06          71      66.20  CHIX      00284383977TRLO0
 27/02/2025        12:08:02          201     66.20  XLON      00284384874TRLO0
 27/02/2025        12:26:00          119     66.20  CHIX      00284387315TRLO0
 27/02/2025        12:30:53          6       66.20  CHIX      00284387885TRLO0
 27/02/2025        12:30:53          1591    66.20  CHIX      00284387886TRLO0
 27/02/2025        12:30:53          1627    66.20  CHIX      00284387887TRLO0
 27/02/2025        13:18:30          1599    66.10  BATE      00284395796TRLO0
 27/02/2025        13:18:30          595     66.10  CHIX      00284395797TRLO0
 27/02/2025        13:18:30          1311    66.10  CHIX      00284395798TRLO0
 27/02/2025        13:18:30          17      66.10  CHIX      00284395799TRLO0
 27/02/2025        13:52:01          1584    66.10  CHIX      00284403175TRLO0
 27/02/2025        13:52:01          1601    66.10  BATE      00284403176TRLO0
 27/02/2025        13:52:01          1595    66.10  CHIX      00284403177TRLO0
 27/02/2025        13:52:01          1597    66.10  CHIX      00284403178TRLO0
 27/02/2025        13:52:56          565     66.10  CHIX      00284403345TRLO0
 27/02/2025        14:09:06          595     66.10  CHIX      00284406831TRLO0
 27/02/2025        14:09:06          298     66.10  CHIX      00284406832TRLO0
 27/02/2025        15:40:15          3222    66.20  BATE      00284440444TRLO0
 27/02/2025        15:40:15          1583    66.20  CHIX      00284440445TRLO0
 27/02/2025        15:40:15          1637    66.20  CHIX      00284440446TRLO0
 27/02/2025        15:40:15          3173    66.20  CHIX      00284440447TRLO0
 27/02/2025        15:40:15          1943    66.20  CHIX      00284440448TRLO0
 27/02/2025        16:29:56          181     66.20  BATE      00284489420TRLO0

 

 

 

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